New Southampton development offers ideal investment potential
Crest Nicholson is responding to the influx in demand for rented accommodation in the South with the launch of a brand new development in the heart of Southampton. Empress Heights, located on College Street in the city centre, provides the perfect solution for savvy buy-to-let purchasers seeking a lucrative investment opportunity.
The award winning house builder is encouraging potential investors to act now if they want to secure the high rental yields that the properties at Empress Heights can deliver. Buyers can expect returns of approximately 6% at the recently launched development and with a range of one and two bedroom apartments, duplexes and penthouses, the selection of properties at Empress Heights offers an ideal choice for both professionals and students looking for good quality, centrally located rentals.
Christine Tiernan, Sales and Marketing Director for Crest Nicholson South, comments: “Southampton is experiencing such a buoyant rental market at the moment that the demand for private accommodation is exceeding the supply. The properties at Empress Heights are a great solution for renters so now is the best time to take advantage of the high rental yields and strong capital growth that can be achieved at this development.”
Southampton experiences a wealth of tenants year round with professionals attracted to the city lifestyle and nearby commuter locations such as Bournemouth, Winchester and Portsmouth. Boasting two Universities, Southampton also draws in thousands of under and post-graduate students seeking accommodation during their studies so with its truly central location, Empress Heights’ properties can be flexible to the needs of various renters.
Built to the high specification associated with Crest Nicholson, the modern apartments provide fully fitted kitchens with stainless steel Bosch appliances and all bathrooms and en-suites contain classic white Roca suites, complemented by chrome Hansgrohe taps and a heated towel rail. Designed with a low-maintenance lifestyle in mind, purchasers can expect to find a sleek and contemporary finish at Empress Heights.
With superior quality interiors, the properties at Empress Heights will provide purchasers with a fresh and modern home. Many of the apartments have a private balcony offering some personal space in the city and the development features covered parking as well as secure cycle stores for those who wish to lead a more sustainable lifestyle.
Prices for one bedroom apartments will start from £123,500 and £152,500 for a two bedroom apartment. For more information, visit crestnicholson.com.